CMA Knowledge Series — Fundamentals of Business Mathematics and Statistics (CMA Foundation)

CMA Knowledge Series — Fundamentals of Business Mathematics and Statistics (CMA Foundation)

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Author : G.C. RAO, CMA Shruthi Y. V
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This 3rd Edition 2025 of Fundamentals of Business Mathematics and Statistics by CMA Shruthi Y V is a part of the CMA Knowledge Series for CMA Foundation – Paper 03, prepared as per the New Syllabus 2022 and applicable for the June & December 2025 examinations.


This edition delivers complete coverage of the prescribed syllabus, exam-focused content, and conceptual clarity, enabling CMA Foundation aspirants to confidently tackle both Business Mathematics and Statistics components.


Key Coverage Includes:

• Complete coverage of the ICMAI New Syllabus 2022

• Bit bank coverage for each topic, keeping in view the latest exam patterns

• Step-by-step presentation of problem-solving methods with supporting illustrations

• Coverage of Past 10 Years’ CMA Foundation exam questions with solutions

• Comprehensive coverage of both Business Mathematics and Statistics in an integrated manner

• Practice-oriented approach to strengthen analytical and numerical skills


Salient Features:

• Clear, concise, and student-friendly presentation

• Balanced coverage of theory and practical problem-solving

• Chapter-wise segregation of previous exam questions for targeted preparation

• Includes 1200+ MCQs, descriptive questions, and solved numerical examples

• Ideal for self-study and guided classroom learning

• Serves as a single-point solution for Paper 03 exam preparation


This edition is particularly suitable for:

• CMA Foundation students preparing for the June & December 2025 examinations

• Students seeking comprehensive and updated coverage of Business Mathematics and Statistics

• Aspirants aiming to strengthen numerical ability and analytical reasoning for CMA exams


Whether for systematic study, practice sessions, or last-minute revision, this updated text stands as the most dependable and exam-oriented resource for CMA Foundation – Fundamentals of Business Mathematics and Statistics.

 

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We do not accept returns or exchanges for books once sold. A return or replacement is only possible if the book delivered is damaged or if the wrong book has been sent. In such cases, customers are requested to contact us within 7 days of delivery with order details and proof (such as a photo of the book). Refunds will be processed once the returned books are received and inspected, and the amount will be credited in the original form of payment within 7 working days. Shipping charges will not be refunded unless the return is due to our error.

Shipping & Returns

Shipping
Orders are shipped within 3–5 working days (exceptions may occur). Deliveries within Delhi usually take 3–5 working days post-shipment, while deliveries outside Delhi may take 4–5 working days. International shipping is not available at present. Once your package has been dispatched, you will receive a confirmation email with a tracking number to monitor your order.

Returns
We do not accept returns or exchanges for books once sold. A return or replacement is only possible if the book delivered is damaged or if the wrong book has been sent. In such cases, customers are requested to contact us within 7 days of delivery with order details and proof (such as a photo of the book). Refunds will be processed once the returned books are received and inspected, and the amount will be credited in the original form of payment within 7 working days. Shipping charges will not be refunded unless the return is due to our error.

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Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

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Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

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Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

About the authors

CMA Shruthi Y V

CMA Shruthi Y V

CMA Shruthi Y V is a Practicing  Cost and Management Accountant and an Associate member of the institute of Cost Accountants of India.

She is a faculty member at GC Rao Academy, Bengaluru, an exclusive coaching centre for CMA.

She Possesses overall teaching experience of 15 years and 5 years of experience in teaching for CMA (Foundation Intermediate and Final) and CA (Foundation and Inter) Areas of Specialization included Financial Accounting, Cost Accounting, Operation Research, Direct Taxation, Cost and Management Audit, Economics, Management Law, Mathematics and Statistics.

She is Post Graduate in Master of Commerce and the University topper for Bachelor of commerce in Gulbarga University, Karnataka and secured three gold medals. 

 

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G.C. Rao

G.C. Rao

G.C. Rao is a graduate in Commerce and a fellow member of the institute of Cost Accountants of India. He Secured All India 12th Rank in CMA Inter and 16th Rank in CMA Final

He is faculty member at G.C. Rao Academy an exclusive coaching centre for CMA. He is a visiting faculty at Institute of Chartered Accountants of India, Bangalore Chapter.

Areas of Specialization include Financial Accounting, Cost Accounting. Cost and Management Accounting and Financial Management Company Accounts, Direct Taxation, Indirect Taxation , Strategic Cost Managementm Strategic Financial Management , Strategic Tax Management, SPM & Business Valuation, Financial Reporting and Cost Audit. 

 

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